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3 years ago

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Business

1 answer:

Ratling [72]3 years ago

4 0

Answer:

The correct option is A, Samantha weed and Adam will rake because these are the goods each has a comparative advantage in.

Explanation:

The opportunity formula comes handy in this case, which is given below:

opportunity cost formula=what one sacrifices/what one gains

If Samantha were to weed flower beds, opportunity cost is computed thus:

Opportunity cost of Samantha weeding flower beds=8/4= 2 bags of leaves raked

The opportunity of Adam weeding flower beds=25/5 =5 bags of leaves raked.

In a nutshell ,if Samantha weeds flowers they would lose 2 bags of leaves raked while if Adam were to do so same, they would lose 5 bags of leaves raked, conclusively Samantha should weed flower beds since she has lower opportunity, higher comparative advantage

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<span>To find earnings per share, simply divide the company's net income by the number of shares that are outstanding. In this case, the values are $280,000/80,000. This gives a value of $3.50 for the earnings per share outstanding. Dividends, in this case, are not necessary for the calculation.</span>

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3 years ago

You plan on making a $235.15 monthly deposit into an account that pays 3.2% interest, compounded monthly, for 20 years. At the e

erma4kov [3.2K]

Answer:

Monthly payment = $769.27

Explanation:

First we have to determine the future value of the ordinary annuity:

Payment = $235.15

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3 years ago

What is the primary criterion of managerial accounting reports

agasfer [191]

What is the primary criterion for the preparation of managerial accounting reports?

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meet managers need
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4 0

3 years ago

JPJ Corp has sales of $ 1.16 million, accounts receivable of $ 47,000, total assets of $ 4.81 million (of which $ 3.05 millio

worty [1.4K]

Answer:

a. JPJ's accounts receivable days: 14.79 days

b. JPJ's Fixed asset turnover: 0.38

c. JPJ's Total asset turnover: 0.24

d. JPJ's Inventory turnover: 3.86

Explanation:

a. The accounts receivable days is calculated by using following formula:

The accounts receivable days = (Accounts receivable/Annual Sales) x Number of days in the year = ($47,000/$1,160,000) x 365 = 14.79 days

Fixed asset turnover = Net Sales/Fixed assets = $1,160,000/$3,050,000 = 0.38

Total asset turnover helps investors understand how effectively companies are using their assets to generate sales. Total asset turnover is calculated by using following formula:

Total Asset Turnover = Total Sales/Total Assets = $1,160,000/$4,810,000 = 0.24

Inventory turnover = Cost of goods sold/Inventory = $590,000/$153,000 = 3.86

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3 years ago

Maurice and Stanley's train store has grown to the point that they need more capital to expand the current location and to open

harina [27]

Answer:

b. sole proprietorship.

Explanation:

A sole proprietorship is a single business entity that is responsible for all profits and losses and may use a sole name or a business name as a private company is known for its flexibility and thus does not need to take large loans from the government.

Have an advantage of less administrative paperwork and record-keeping than a corporation, have less risk of being stolen by investors.

6 0

3 years ago